Posts tagged 'Dollar'

Egypt Central Bank Committed to Moving Away from Dollar

Egypt Central Bank Committed to Moving Away from Dollar

October 26, 2022
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At the IMF conference, Egyptian Central Bank Governor, Hassan Abdalla, stated Egypt would develop a currency indicator to distance itself from U.S. Dollar.
Is a Bank Run Imminent?

Is a Bank Run Imminent?

October 13, 2022
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History has shown that the slightest doubt can provoke a bank run. When it happens at one bank, there tend to be fear-based runs on other banks.
The Repo Market and 2.4 Trillion Reasons Why the Fed Won’t Pivot

The Repo Market and 2.4 Trillion Reasons Why the Fed Won’t Pivot

October 11, 2022
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The repo market is how the Fed manages the amount of cash in the system using short-term loans of assets or cash from a bank to a bank or business.
How Did the U.S. Dollar Become a Fiat Currency?

How Did the U.S. Dollar Become a Fiat Currency?

September 27, 2022
1419 view(s)
A fiat currency’s value depends on people's confidence in the issuing authority and its usefulness. If people stop using the Dollar, it will lose all value.
What is the FedNow Instant Payment System? Is it a CBDC Trojan Horse?

What is the FedNow Instant Payment System? Is it a CBDC Trojan Horse?

September 8, 2022
1002 view(s)
The FedNow service is a Fed-managed digital payment infrastructure for instant settlement.
Is Gold a Good Buy During Deflation?

Is Gold a Good Buy During Deflation?

March 1, 2022
671 view(s)
To invest or not to invest in gold during a period of deflation? Read on to find out!
Food Prices and Gold

Food Prices and Gold

September 7, 2021
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The United Nations Food and Agricultural Organization (FAO), which tracks the cost of food items globally, recently noted that levels of food-price inflation are rising at their highest rates in over a decade.
Russia Moves to 20% Gold

Russia Moves to 20% Gold

July 22, 2021
1036 view(s)
The National Wealth Fund (NWF) of Russia has officially divested itself of all U.S. dollar-based assets and replaced them with other assets denominated in currencies such as the eurozone euro, Chinese yuan, and gold. 
Negative Interest Rates Positive for Gold

Negative Interest Rates Positive for Gold

June 17, 2021
1160 view(s)
Something is interesting happening in the world of interest rates that is mid-term bullish for gold and silver prices as measured in dollar terms.
Dollars Moving Out, Gold Moving In

Dollars Moving Out, Gold Moving In

June 9, 2021
1322 view(s)
About the only thing that is worth less today than it was a year ago is the dollar itself.